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Property Improvement Loan Increase Bill
Recent Bills/Property Improvement Loan Increase Bill

Property Improvement Loan Increase Bill

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1666)
Housing and Community DevelopmentBuilding constructionCongressional oversightGovernment studies and investigationsHousing finance and home ownershipResidential rehabilitation and home repair
More:Recently Introduced BillsHousingSenate Bills
Why This Matters

This bill increases the amount of money people can borrow for home improvements and allows them to build additional living spaces on their properties. It aims to make housing more accessible and affordable for homeowners.

If you want to renovate your home or add a rental unit, you could borrow more money under this bill.
Who this affects
Homeowners
What changes is this bill making?
  1. 1This bill raises the maximum loan amounts for home improvement projects.
  2. 2It allows loans to be used for building accessory dwelling units, like in-law suites.
  3. 3The bill sets new limits for loans on manufactured homes and their lots.
  4. 4It requires annual adjustments to these loan limits based on economic data.
Read the detailed summary

Rosa Parks Day Act This bill designates Rosa Parks Day as a federal holiday.

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Last changed 1 month ago · checked hourly

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentFeb 4, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1666)

Sponsors
See all 3 sponsors
Senate
House
President

The President

Donald Trump
President
Awaiting Vote
Similar Bills
House Bill · HR 7792
1 of 4 · Introduced
Property Improvement and Manufactured Housing Loan Modernization Act of 2026
·Housing
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Affordable Housing Bond Enhancement Act
House Bill · HR 3964
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Affordable Housing Credit Increase
Affordable Housing Equity Act of 2025
·Housing